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Contis offers access to Faster Payments with renewed Paysera partnership

End-to-end payments platform, Contis has announced the renewal of its partnership with Lithuanian FinTech Paysera for a term of three years. The two companies have been in partnership since 2015 and it has enabled Contis to provide card solutions and access to the Visa network.

Airidas Puodžiūnas, General Manager of Contis Lithuania, said, “We are very pleased to be extending our relationship with Paysera. This fintech pushes the boundaries of consumer finance in the Baltics, enjoying impressive growth that shows just how popular its services are. Our partnership will help boost its product offer across key markets including Bulgaria, Romania and the rest of Europe.”

According to Contis, the renewal is expected to provide Paysera’s customers with new benefits including virtual cards, access to Faster payments for instant transfers in the UK and is supposed to be including Apple Pay and other features. The payment platform’s services are embedded in the FinTech’s platform through the former’s APIs.

Established in 2004 in Lithuania, FinTech Paysera offers banking, e-commerce, ticketing and other digital services to customers around the world. It is an international e-payment system and provides a payment collection solution, “Paysera Checkout”.

Vytenis Morkūnas, CEO of Paysera, said, “We started working with Contis four years ago issuing Debit cards to Paysera clients. This new deal is exciting as together we will be providing a range of valuable new services. It really shows the importance of our long term relationship with Contis as a trusted partner.”

Recently, Contis entered into a partnership with UK-based ClearBank in a bid to enhance banking services on its platform.

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